Funding you earn now, next payment 05:00 UTC−0.0199%/8h= −21.8% APRnext payment −$0.25 per $10,000 · paid last 24h +0.004%
Price spread now: Extended against Nado+0.513%51s7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.387% of the position
Funding, last 3 days (all we have)−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.645%−$64 · spread now +0.513%, 7d avg −0.034%
=Together, before fees−0.651%+ Points / potential airdropNado: Active · Extended: Active · farm board−$65 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.547% dearer against Nado than usual: you sell high and buy low (spread +0.513% now, against its 7-day average of −0.034%): +$55 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9.2 days. At the pace of the last 3 days (−0.007% in total) that is about 9 months. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.007% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado kPEPE-PERP | 0.000005252 | 0.0983 | pay 0.0123% / 1h | 56m 38s | $184K | $910K | 10x |
| Short | Extended 1000PEPE-USD | 0.000005279 | 0.0784 | get 0.0098% / 1h | 56m 38s | $560K | $226K | 25x |
Nado kPEPE-PERP
Extended 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$41.77
- Price spread: +0.513% → −0.034%
- $54.71
- Slippage, 4 orders
- −$26.73
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.79
- Costs to cover
- 0.387%
- Break-even
- from the start
Slippage from Nado: live order book, 62 min ago; Extended: live order book, 61 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 62 min ago | 4.94 bp | 12.6 bp −$13 | 38.4 bp −$384 | doesn't fit | doesn't fit |
| Sell Extended live order book, 61 min ago | 2.98 bp | 7.4 bp −$7 | 43.1 bp −$431 | doesn't fit | doesn't fit |
PEPE on 35 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005269 | +0.323% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005241 | −0.219% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005255 | +0.057% | $3K | $110K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005276 | +0.457% | $70K | $152K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005271 | +0.358% | $103.2M | $365.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005277 | +0.476% | $172.8M | $84.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005280 | +0.543% | $27.4M | $66.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005245 | −0.141% | $840K | $4.9M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005263 | +0.201% | $38K | $490K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005280 | +0.535% | $1K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005274 | +0.413% | $613K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005246 | −0.120% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0241% | 8h | 0.000005281 | +0.554% | $48.6M | $183.2M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0370% | 8h | 0.000005251 | −0.025% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0410% | 8h | 0.000005287 | +0.666% | $51.0M | $660.8M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0526% | 8h | 0.000005272 | +0.381% | $4.5M | $27.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0594% | 8h | 0.000005270 | +0.337% | $2.6M | $7.4M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0703% | 1h | 0.000005251 | −0.019% | $74K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005282 | +0.571% | $775K | $35.7M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0742% | 8h | 0.000005282 | +0.581% | — | $263.4M | — | as long as short |
| Extended 1000PEPE-USDshort | +0.0784% | 1h | 0.000005279 | +0.513% | $560K | $226K | 25x | |
| Aevo 1000PEPE-PERP | +0.0784% | 1h | 0.000005268 | +0.305% | $149K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0787% | 8h | 0.000005280 | +0.539% | $103.0M | $291.0M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0788% | 8h | 0.000005279 | +0.506% | $153.5M | $1.29B | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0802% | 8h | 0.000005281 | +0.548% | $6K | — | 20x | as long as short |
| Lighter 1000PEPE | +0.0824% | 1h | 0.000005278 | +0.495% | $640K | $8.4M | 10x | as long as short |
| SoDEX 1000PEPE-USD | +0.0832% | 1h | 0.000005271 | +0.362% | $2K | $10K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0859% / S −0.1692% | 1h | 0.000005000 | −4.798% | $64K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0888% | 1h | 0.000005253 | +0.019% | $173K | $797K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0907% | 8h | 0.000005277 | +0.486% | $1.9M | $9.8M | 50x | as long as short |
| Nado kPEPE-PERPlong | +0.0983% | 1h | 0.000005252 | long leg | $184K | $910K | 10x | |
| 01 Exchange kPEPEUSD | +0.1352% | 1h | 0.000005293 | +0.781% | $638 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1409% | 1h | 0.000005268 | +0.310% | $84K | $715K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1548% | 1h | 0.000005275 | +0.443% | $4.8M | $16.2M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1646% | 1h | 0.000005282 | +0.571% | $57.4M | $143.5M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Lighter 1000PEPE
SoDEX 1000PEPE-USD
GMX PEPE/USD [ETH-USDC]
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE